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$SPY will move at least 2% on January 31st for FOMC

@Twelve_E
$SPDR S&P 500 ETF Trust(SPY)$ will move at least 2% on January 31st for FOMC. Trading can be extremely predictable if you are prepared for it. Here's 5 important things you need to know about next week. 97.4% chance the FEDS will hold rates as is at 5.25%-5.50% and the probability of a rate cute in March has been decreasing from 75% down to 50%. Sentiment: Priced in or bearish from here for $SPDR S&P 500 ETF Trust(SPY)$ . Image The strongest chance of a rate cut is now in May. So for the next 5 months at higher interest rates consumers will slow down spending. The sooner the rate cute the better for the $SPDR S&P 500 ETF Trust(SPY)$ . Sentiment: Bearish. Image End of January is bearish and Mid February the market sells off based on seasonalilty chart. FOMC is at the end of month. This chart has proven to be right most of the time. $SPDR S&P 500 ETF Trust(SPY)$ picks up in 2H of the 2024. Sentiment: Bearish Image Megacaps earnings is next week. $Microsoft(MSFT)$, $Advanced Micro Devices(AMD)$, $Boeing(BA)$, $Qualcomm(QCOM)$, $Apple(AAPL)$, $Amazon.com(AMZN)$, $Meta Platforms, Inc.(META)$ FOMC could be a big red day but the week can end really strong due to strong earning results. GDP came in at 3.3% meaning strong Q4. Image Disclaimer: Trading is extremely difficult. You most likely will lose all your money before you make money. Trading results are all performance based and depends on many variables. The chances of you duplicating this trades actual results are unlikely.
$SPY will move at least 2% on January 31st for FOMC

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